Posted on 04/28/2011 3:35:00 PM PDT by Hawk720
How stupid is this? Ryan and boehner have not said a word about the billions to petrobas and now shill this issue? What a farce.
How stupid is this? Ryan and boehner have not said a word about the billions to petrobas and now shill this issue? What a farce.
If the activities aren't worth doing unless they are subsidized then it is indeed welfare.
What about:
Farm subsidies
Ethanol Subsidies
Wind Subsidies
Planned Parenthood
...
It all seems difficult yet simple.
But nobody wants to do the difficult part.
What is RINO about ending subsidies?
I'm not trying to be contrarian, I'm really not - but you have it perfectly backwards.
Two primary means (the two primary means in fact) of lowering retail prices is increasing supply and lowering production costs.
These "subsidies" accomplish both.
Using your example, the wisest time to end these (non) subsidies would be when oil hits $40 per barrel.
I don’t see the problem with ending a majority corporate tax breaks and subsidies. I’d cut their tax rates, for sure... but I don’t like special clauses & exceptions & so on.
End all subsidies. Let the free market thrive.
All the pissin' and moanin' from folks who believe in less government interference in the private sector. You're bitchin' about keeping a subsidy for oil. That ain't less government interference. It's status quo.
Ryan isn't stupid. Consider that quite possibly Ryan is setting the stage for further elimination of all government subsidies and is sacrificing "big bad evil oil" as a precedent for future subsidy guts 'n cuts.
Put the $4 billion into perspective of this information.
When oil prices blew sky high in 2008, Exxon/Mobil alone paid taxes and collected in 2008:
$36.5 billion in income taxes
$34.5 billion in sales taxes
$45 billion in other taxes
.
$4 billion for the entire industry is a relatively small percentage of the overall government confiscation from the oil industry. Personally, I do not believe in ANY corporate taxes nor ANY subsidies at all. I'm a free market person.
Going down the road, Ryan can argue, and make the case that he condoned eliminating oil subsidies and that we should eliminate ALL subsidies, and allow capitalism prevail in a free market.
Is a truly free market supported by the government? Or do we pick and choose?
You subsidize what you want lots more of. You tax or eliminate deductions on things you want less of. We need more discoveries on the domestic side. We are desperate for more domestic production.
Exactly right, every subsidy/tax exemption is a payoff to somebody. Ryan has good instincts. He should run for POTUS.
So Ryan's not the RINO, you are. Sorry but crony capitalism sn't something that interests me.
We need more discoveries on the domestic side. We are desperate for more domestic production.
And we don't need subsidies to do that we just need fewer morons in DC who think Gaia only suffers when America drills on American territroy.
Ryan should make those specific arguments, then. Connecting breaks for oil companies with ethanol boondoggles only confuses the issue, and it makes it appear that Obama is correct in blaming “Big Oil” for high fuel prices. The more I digest Ryan’s words, the more short-sighted they seem to be.
what a stupid move by Ryan. The government should not increase taxes on oil companies by $4B which will just get passed on to us. Other industries get tax breaks. Utter stupidity.
Republicans want to have it both ways. You can’t pick and choose which subsidies you’re going to get rid of. It’s easy to say let’s defund NPR or Planned Parenthood. It’s tougher to say let’s not give subsidies to oil companies.
Who says you can't?
I assume you mean that taxes should be cut for all other companies to the same low rate. Otherwise what you have is crony capitalism, which is just another form of crony communism and it's ugly sister crony fascism.
Do we want politics or do we want leadership?
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